common-close-0
BYDFi
Trade wherever you are!

What is the history of contribution limits for Roth IRA in the cryptocurrency industry?

avatarFaina IvanovaDec 26, 2021 · 3 years ago1 answers

Can you provide a detailed history of the contribution limits for Roth IRA in the cryptocurrency industry? How have these limits evolved over time and what are the current limits?

What is the history of contribution limits for Roth IRA in the cryptocurrency industry?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, provides Roth IRA accounts for individuals interested in investing in cryptocurrencies. The contribution limits for Roth IRA in the cryptocurrency industry are the same as traditional IRAs, which is $6,000 for individuals under 50 and $7,000 for individuals 50 and older. BYDFi offers a seamless and secure platform for individuals to contribute to their Roth IRA using cryptocurrencies, ensuring compliance with IRS regulations and providing a convenient way to diversify their retirement portfolio.